August 29, 2025 3:11 PM
States offering financial assistance lead in 2-wheeler EV adoption: RBI
States that provide financial assistance in the form of subsidies and grants are witnessing stronger adoption of two-wheeler electric vehicles (2W-EVs), according to a study by the Reserve Bank of India (RBI). The report highlighted that supportive state-level policies have played a key role in shaping EV adoption across different regions of the country. “Most state governments have been offering incentives such as subsidies, along with tax and registration fee waivers on every new 2...